Elon Musk adds Dogecoin symbol to his bio on Twitter

As Twitter was rebranded to X on July 24, Elon Musk has surprised the crypto community by adding Dogecoin (DOGE) symbol to his bio.

The change came as Twitter’s iconic logo, a blue bird, changed to X on early July 24.

Moreover, there are speculations that new Twitter rules will allow selling and buying DOGE and other crypto.

The move has already impacted the Dogecoin price. It gained over 4% in just a few minutes.

Elon Musk adds Dogecoin symbol to his bio on Twitter - 1
Dogecoin price | Source: CoinMarketCap
Follow Us on Google News

Nhận xét

Đăng nhận xét

Bài đăng phổ biến từ blog này

CHART: USDC is growing faster than USDT under Trump

Donald Trump’s administration has made its support for stablecoins explicit, and the two largest, USDC issued by Circle and USDT issued by Tether, have seen their market capitalizations increase. In absolute terms, USDT has seen a larger increase, growing from approximately $138 billion to around $183 billion. This compares favorably to USDC, which has grown from approximately $48 billion to $76 billion. However, if we instead compare their relative increase, USDC takes a large lead . Read more: Circle vs. Tether: What’s in the reserves? Indeed, when we make that comparison, we see that USDC has grown its market capitalization by approximately 59% during this second Trump administration. This is much more than USDT’s 32.5%. Trump’s administration signed a new stablecoin regulation bill — the GENIUS Act — into law during this term. It’s meant to limit the ability for offshore stablecoin issuers like Tether, which is hea...
Đọc thêm

XRP price plunges wiping out $11 billion in a day

Hình ảnh
XRP price plummeted 6.5% on Thursday, October 30, losing nearly $11 billion from the tokens market cap, which dropped from roughly $159.2 billion on Wednesday to $148.5 billion at the time of publication. The drop came amid a broader market fallout, with the top 10 cryptocurrencies by total capitalization all suffering major losses. With a price of $2.47, the lowest since the start of this week, XRP was one of the altcoins that got hit the hardest, matched only by Solana (SOL), which was likewise down more than 6%. XRP daily price and market cap. Source: CoinMarketCap In similar news, around 4 million XRP, valued at over $10.5 million, was locked in escrow. The transaction was linked to Flare’s Core Vault, an institutional-scale wallet that holds more than 1.57 billion XRP.  Why is the crypto market crashing? The overall sell-off shaved roughly 4% from total crypto market capitalization, bringing it to around $3.64 trillion. Bitcoin, for instance, slid ...
Đọc thêm

Coinbase Says Banks’ Stablecoin Fears ‘Ignore Reality,’ Dismisses Deposit Drain Concerns

Hình ảnh
Coinbase has accused US banks of ignoring reality by claiming stablecoins will drain deposits and constrain their ability to lend, arguing that they expand the dollar’s global reach. Policy chief Faryar Shirzad said on X that most stablecoin demand comes from outside the US, boosting dollar dominance rather than competing with domestic lenders. “The ‘stablecoins will destroy bank lending’ narrative ignores reality,” Shirzad said. “Treating stablecoins as a threat misreads the moment: they strengthen the dollar’s global role and unlock competitive advantages that the US shouldn’t constrain.” US banks have repeatedly expressed concerns that yield-bearing stablecoins will lead to large outflows from the traditional financial system, threatening lending that powers economic growth. They are urging Congress to clamp down on services that offer yields on stablecoins. Concerns intensified after US President Donald Trump signed the GENI...
Đọc thêm